Motorcycle Helmets Market Expected To Reach Us$ 3,516.5 Mn By 2027
According to a new market report published by Transparency Market Research titled “Motorcycle Helmets Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019-2027,” the global motorcycle helmets market is expected to reach a value of US$ 3,516.5 Mn by 2027. In terms of value, the market is estimated to expand at a CAGR of 5.0% during the forecast period from 2019 to 2027. In terms of volume, the market stood at around 17,997.0 thousand units in 2017. The Asia Pacific motorcycle helmets market is expected to witness the highest growth during the forecast period both in terms of value (US$ Mn) and volume (Units). The market witnessed considerable growth in the Asia Pacific region because of increasing demand for motorcycles in India, Japan, and China. The motorcycle helmets market is influenced by market dynamics with driving factors such as increase in sale of two wheelers across the world and enforcement of traffic laws ...